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IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.
Cryptolocator is a peer-to-peer cryptocurrency market founded in 2018. The interface is quite intuitive. As you enter the homepage of the Cryptolocator website you see 2 lists of offers ("advertisements"): local buy offers and sell orders ranked by the exchange rate. The platform serves as an escrow in order to ensure the security of the transactions and legitimacy of deals. Users may leave the feedback and rate each other. It helps future sellers/buyers understand who they deal with and should they trust them or not. The accounts of users are guarded by a number of security measures.
CoinTiger is incorporated under the laws of the Republic of Singapore and works as a centralized exchange. It offers BTC, ETH, USDT, TRX, XRP markets, as well as trading pairs against bitCNY token.